STOCK TITAN

Blueport (Nasdaq: BPAC) sets CFO consulting deal and director pay

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Blueport Acquisition Ltd has restructured how it pays for financial leadership and board oversight. On November 11, 2025, the company entered a consulting agreement with Hurricane Corporate Services Ltd., a firm controlled by Chief Financial Officer Kulwant Sandher, under which the consultant provides CFO services for $3,000 per month plus reimbursed expenses. The initial term is three months, automatically renewed for another three months on February 11, 2026, and includes mutual indemnification for breaches or negligent or wrongful acts or omissions.

In November 2025, Blueport also orally agreed to pay each director $7,500 per quarter for board service, and this arrangement may be terminated by the company at any time. These steps clarify and formalize compensation for both the CFO role and directors.

Positive

  • None.

Negative

  • None.
false 0002064177 00-0000000 0002064177 2025-11-11 2025-11-11 0002064177 BPACU:ClassOrdinarySharesParValueOf0.0001PerShareMember 2025-11-11 2025-11-11 0002064177 BPACU:RightsEachEntitlingHolderToReceiveOnesixth16OfOneClassOrdinaryShareMember 2025-11-11 2025-11-11 0002064177 BPACU:UnitsEachConsistingOfOneClassOrdinaryShareAndOneRightToReceiveOnesixth16OfOneClassOrdinaryShareMember 2025-11-11 2025-11-11 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

Form 8-K

 

 

 

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

November 11, 2025

Date of Report (Date of earliest event reported)

 

Blueport Acquisition Ltd

(Exact name of Registrant as specified in its charter)

 

Cayman Islands   001-42947   N/A
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification Number)

 

366 Madison Ave 3rd Floor
New York, NY
  10017
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (212) 829-8937

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Class A Ordinary Shares, par value of $0.0001 per share   BPAC   The Nasdaq Stock Market LLC
Rights, each entitling the holder to receive one-sixth (1/6) of one Class A Ordinary Share   BPACR   The Nasdaq Stock Market LLC
Units, each consisting of one Class A Ordinary Share and one Right to receive one-sixth (1/6) of one Class A Ordinary Share   BPACU   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On November 11, 2025, Blueport Acquisition Ltd (the “Company”) entered into a consulting agreement (the “Consulting Agreement”) with Hurricane Corporate Services Ltd. (the “Consultant”), a consulting company controlled by Kulwant Sandher, the Company’s Chief Financial Officer. Pursuant to the Consulting Agreement, the Company has engaged the Consultant to provide Chief Financial Officer services to the Company, at the monthly fee of $3,000 plus reimbursable expenses actually incurred by the Consultant. The Agreement has a duration of three months commencing on the execution date and automatically renewed for an additional three months on February 11, 2026 in accordance with its terms.  The Consulting Agreement provides that each party will indemnify the other for any breach of the agreement or any negligent or wrongful act or omission by the indemnifying party.

 

In November 2025, the Company orally agreed to pay each of its directors $7,500 per quarter as compensation for board services. Such agreement may be terminated by the Company at any time.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)Exhibits

 

Exhibit No.   Description
10.1   Consulting Agreement
104   The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: March 4, 2026    
  Blueport Acquisition Ltd
     
  By: /s/ William Rosenstadt
  Name: William Rosenstadt
  Title: Chief Executive Officer

 

2

FAQ

What consulting agreement did Blueport Acquisition Ltd (BPAC) approve for its CFO role?

Blueport engaged Hurricane Corporate Services Ltd. to provide Chief Financial Officer services for $3,000 per month plus reimbursed expenses. The consulting firm is controlled by CFO Kulwant Sandher, aligning his services with a defined contract and fee structure.

How long does the Blueport (BPAC) CFO consulting agreement remain in effect?

The consulting agreement began November 11, 2025 for a three-month term and automatically renewed for an additional three months on February 11, 2026. The contract also includes mutual indemnification for breaches and negligent or wrongful acts or omissions by either party.

What compensation will Blueport Acquisition Ltd (BPAC) directors receive?

In November 2025, Blueport orally agreed to pay each director $7,500 per quarter for board services. This compensation arrangement is not fixed long term, because the company may terminate it at any time according to the disclosed terms.

Who controls Hurricane Corporate Services Ltd in the Blueport (BPAC) agreement?

Hurricane Corporate Services Ltd., which provides CFO services to Blueport, is controlled by Kulwant Sandher, the company’s Chief Financial Officer. This means the CFO’s services are delivered through his controlled consulting company rather than through a direct employment arrangement.

Does the Blueport (BPAC) consulting agreement include indemnification provisions?

Yes. The consulting agreement states that each party will indemnify the other for any breach of the contract or any negligent or wrongful act or omission by the indemnifying party. This mutual indemnification is intended to allocate certain legal and financial risks between Blueport and the consultant.

Filing Exhibits & Attachments

6 documents
Blueport Acquisition Ltd

NASDAQ:BPACU

View BPACU Stock Overview

BPACU Rankings

BPACU Latest News

BPACU Latest SEC Filings

BPACU Stock Data

5.19M
Blank Checks
NEW YORK